Bitcoin Transfer Volumes Soar in 2024, Set to Break 2023’s Record in 2 Weeks
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According to recent data, the five busiest days for bitcoin transfers on the network occurred in 2024. The all-time peak was at…
Cryptoquant Insights: Bitcoin Miners See Revenue Boost as Hashrate Soars
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Bitcoin miners are witnessing a resurgence in activity as the network’s hashrate approaches all-time highs, according to the latest research from Cryptoquant….
Bitcoin Miners Have Been ‘Extremely Underpaid’ Since Mid-June
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Bitcoin miners have faced significant underpayment since mid-June, according to metrics from cryptoquant.com. As of now, the estimated value of 1 petahash…
Bitcoin Network Sees Second Largest Difficulty Reduction of 2024
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On July 4, 2024, the Bitcoin network experienced its second-largest difficulty reduction since the year’s start. The mining difficulty decreased by 5%,…
Report: Major Entities Hold Over 4 Million Bitcoin, Accounting for 27% of Supply
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The latest Glassnode onchain report reveals that major labeled entities collectively hold approximately 4.23 million bitcoin, representing over 27% of the adjusted…